“The Money Formula”

Paul Wilmott and David Orrell

This is an interesting book on quantitative finance that is accessible to the math-impaired. It would have benefited from more real-world anecdotes. I finished it thinking that this stuff is probably too influential in the world’s markets, that a lot of the algorithms — even if properly implemented – are based on very little evidence, and that the idea that this is “science” is pretty naive.

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